Plexus Balance Sheet Health
Financial Health criteria checks 5/6
Plexus has a total shareholder equity of $1.3B and total debt of $438.0M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are $3.3B and $2.0B respectively. Plexus's EBIT is $190.2M making its interest coverage ratio 6.5. It has cash and short-term investments of $265.1M.
Key information
34.8%
Debt to equity ratio
US$437.99m
Debt
Interest coverage ratio | 6.5x |
Cash | US$265.05m |
Equity | US$1.26b |
Total liabilities | US$2.02b |
Total assets | US$3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLXS *'s short term assets ($2.6B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: PLXS *'s short term assets ($2.6B) exceed its long term liabilities ($280.1M).
Debt to Equity History and Analysis
Debt Level: PLXS *'s net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: PLXS *'s debt to equity ratio has increased from 22.1% to 34.8% over the past 5 years.
Debt Coverage: PLXS *'s debt is well covered by operating cash flow (48.3%).
Interest Coverage: PLXS *'s interest payments on its debt are well covered by EBIT (6.5x coverage).